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Ishiba Eyes Trade Meeting Around Trump's Birthday Before G7 Meet, Report Says
- On Friday in Washington, Japan’s Economy Minister Ryosei Akazawa held a 130-minute discussion with senior U.S. officials responsible for treasury and commerce to advance tariff negotiations ahead of the upcoming G7 summit in Canada.
- Japan seeks to avoid a 24% tariff starting in July and demands U.S. tariff concessions, including on automobiles, while the talks follow multiple visits and efforts to expand trade and economic security cooperation.
- The negotiating parties agreed to accelerate discussions and schedule another round before the G7 meeting from June 15 to 17, aiming to prepare a deal possibly signed during the summit.
- Akazawa declared Japan’s position unchanged, firmly opposing tariffs and “strongly urging” the U.S. to reconsider all tariffs including those on automobiles, auto parts, aluminum, and steel.
- While immediate agreement remains unlikely, Japan continues to push for a beneficial deal that maintains its trade interests, with potential outcomes influencing bilateral trade and economic relations.
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The objective is to reach agreement before the G7 in Canada in June
·Turin, Italy
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Japan says there is no easy concession on US tariffs, seeks more talks in June - Hawaii Tribune-Herald
Japan and the U.S. on Friday agreed to hold another round of trade talks ahead of the G7 summit next month, Japan’s top tariff negotiator said, stressing that no deal would be without concessions on all Washington’s tariffs, including on autos.
Japan, U.S. Share Understanding That Tariff Discussions Progressing Toward Agreement; Sides Will Coordinate for Leaders to Meet During G7 Summit
WASHINGTON — Japan and the United States shared a common understanding that their discussions are progressing toward an agreement during the fourth round of Japan-U.S. ministerial tariff negotiations in Washington on Friday. The two countries will accelerate the discussions, aiming for the two leaders to reach an agreement at the Group of Seven summit in Canada in mid-June.
·Japan
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Coverage Details
Total News Sources23
Leaning Left5Leaning Right3Center7Last UpdatedBias Distribution47% Center
Bias Distribution
- 47% of the sources are Center
47% Center
L 33%
C 47%
R 20%
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